MegaDrug advertises that it is a socially responsible organization that puts its stakeholders first. Is Mr. Jones being ethically responsible to his customers here? Justify your response. Read the definition of ethical corporate social responsibility (CSR) on page 70 for more details.
According, to the definition on page 70, ethical CSR organizations pursue a clearly defines sense of social conscience in managing their financial responsibilities to stockholders, their legal responsibilities to their local community and society as a whole, and their ethical responsibilities to do the right thing for their stockholders. However, Mr. Jones is not following the ethical responsibilities to all stockholders because the brand name supply belong to the stockholders should be placed on the shelves along with the other medication, by them not stocking their product is unethical. In addition, to the store brand medication moving faster than the brand name, is the store brand moving faster due to that is …show more content…
If Claire did not think about issuing rain checks MegaDrug would have loss numerous customers and consequently, potential revenue. By Claire doing the right thing, she tends to get the same things back from the customers and stockholders. I believe giving value to people can help them and they will often want to help you and give you value in some form. Although, it might not always be right away but somewhere down the line you will reap the benefits. On the other hand, Claire would now need to keep track of how many rain-checks were issued to make sure enough medication is ordered to cover each rain check. Claire will also need to explain to Mr. Jones why extra MegaDrug was ordered, according to the Mr. Jones statement he never orders extra MegaDrug because he pushes the generic brand. In addition, to Claire ordering additional MegaDrug the sale will also increase (Ghillyer,
According, to the definition on page 70, ethical CSR organizations pursue a clearly defines sense of social conscience in managing their financial responsibilities to stockholders, their legal responsibilities to their local community and society as a whole, and their ethical responsibilities to do the right thing for their stockholders. However, Mr. Jones is not following the ethical responsibilities to all stockholders because the brand name supply belong to the stockholders should be placed on the shelves along with the other medication, by them not stocking their product is unethical. In addition, to the store brand medication moving faster than the brand name, is the store brand moving faster due to that is …show more content…
If Claire did not think about issuing rain checks MegaDrug would have loss numerous customers and consequently, potential revenue. By Claire doing the right thing, she tends to get the same things back from the customers and stockholders. I believe giving value to people can help them and they will often want to help you and give you value in some form. Although, it might not always be right away but somewhere down the line you will reap the benefits. On the other hand, Claire would now need to keep track of how many rain-checks were issued to make sure enough medication is ordered to cover each rain check. Claire will also need to explain to Mr. Jones why extra MegaDrug was ordered, according to the Mr. Jones statement he never orders extra MegaDrug because he pushes the generic brand. In addition, to Claire ordering additional MegaDrug the sale will also increase (Ghillyer,